List of Top 8 Angel Investors in Mumbai

A note worth mentioning. When seeking angel investors, it is always to your Startup’s advantage that you choose an investor who would be familiar with your area of operation. For example, if you have

So you worked day and night on your passion and now with all the effort, the Startup has started getting some success. Business is going good and now you want to take it to the next level. In the case of every Startup, the next stage of advancement and growth comes from investment. 

There are different steps of this investment process, and even different investment levels as well, such as Seed fund, Series A, Series B, and so on and so forth. While companies and Startups can get success without any investment, there is no doubt that an investment can make the process of success faster. And bigger. 

So to help you gather more information about the topic of investment in Startups, here is a detailed article on the top Angel Investors in Mumbai. We have scoured through every nook and cranny of Startup investments and found everyone, from the seed investors in Mumbai to private investors. If Mumbai is called the City of Dreams, then these Startup investors can make the dream of your Startup come true. So let’s get started. 

A note worth mentioning. When seeking angel investors, it is always to your Startup’s advantage that you choose an investor who would be familiar with your area of operation. For example, if you have a fintech company, choosing someone who is in the fintech space would allow a better understanding and smoother operation. Of course, it is not necessary, but preferable. 

1. Bharat Banka

Bharat Banka is the man leading Aditya Birla Group as CEO and Senior President and is also quite active in Mumbai's Angel investment community. Not only that, but Mr Banka’s interest goes beyond just making profits. He also is a part of groups like the Indian Angel Network, CIO Angel Network, Venture Nursery, and The Indus Entrepreneurs.

Since Mr. Banka is spearheading a conglomerate, it goes without saying that he has an apt understanding of business planning, joining companies, growing businesses, and making smart investments. He’s even got an award from the ICAI for being great at what they do in the finance sector. 

2. Anupam Mittal

The man who needs no introduction. Anupam Mittal's footprint in the Startup realm extends far and wide, boasting a portfolio of over 20 investments that showcases his engagement as an angel investor. His strategic choices have been particularly impressive, with successful bets on emerging ventures like Ola, Dailyninja, and ZAPR. The founder of the People Group, Mittal is not just one of the top angel investors in Mumbai, but also one of the “celebrity investors” thanks to the soaring success of Shark Tank.

Under his leadership, People Group operates Shaadi.com, a widely recognized matrimonial platform. Anupam's ability to navigate the intricate landscape of media, entertainment, and Startups highlights his multifaceted expertise. He has an eye for promising ventures, and if you think you have the Startup to pitch to a shark, then go for it!

3. Kunal Shah

While Kunah Shah might not be as famous or popular as Ratan Tata or Anupam Mittal, in a short span of time, Mr. Shah has gathered a cult following. He is the founder of CRED, which a lot of the readers must be using to pay their credit card bills. If you can get him on board, CRED can also help you pay all your Startup bills! 

Before founding CRED, he co-founded FreeCharge, another popular fintech platform that many people use even today. FreeCharge initially Started as a mobile recharge platform and later expanded its services to include bill payments and other financial transactions. In 2015, Snapdeal, an Indian e-commerce company, acquired FreeCharge.

Shah has the expertise and experience when it comes to investments, finances, and the knowledge of taking the company in the right direction. If you have a fintech company, then approaching Mr. Shah would be the best course of action. 

4. Jitendra Gupta

Another one of the giants in the fintech sector, you may or may not have heard of Jitendra Gupta but we are sure that you must have used one of his creations. Jitendra Gupta is the founder of Jupiter, a digital banking platform in India. Jupiter changed the scene of online banking with a simple and approachable way of making a bank account and operating it without much hassle. The platform is designed to offer features such as account management, payments, investments, and other financial services to users.

Before founding Jupiter, Jitendra Gupta co-founded Citrus Pay, a payment gateway company. Citrus Pay gained prominence in the Indian fintech space and was eventually acquired by PayU, a leading online payment service provider.

Jitendra Gupta's entrepreneurial journey has been characterized by a focus on innovating in the financial technology sector. His ventures reflect a commitment to leveraging technology to enhance the efficiency and accessibility of financial services for individuals in India.

5. Sandeep Tandon

Sandeep Tandon has been one of the most prominent and top investors in Mumbai. He is known for his shrewd eyes, sharp wit, and ability to make the right decisions when it comes to making an investment. Suffice it to say, if Mr Tandon invests in your company, he must see something in your Startup. 

Mr. Tandon, along with Kunal Shah, was the co-founder of FreeCharge. Not just that, but he is also the co-founder of countless successful ventures such as Bharat Bazar, ShaadiSaga, Unacademy, etc. Mr. Tandon boasts an impressive portfolio of investments in successful ventures. 

6. Ratan Tata

Do we need to introduce Ratan Tata? Not only entrepreneurs and businessmen, but everyone in the country is aware of the business brilliance of Ratan Tata. The chairman of Tata Sons, Mr. Tata is the name of the Indian spirit of Entrepreneurship. But apart from being a brilliant businessman, he is also a keen investor in many Startups in India. 

Ratan Tata has invested in a lot of successful companies, including Paytm, Ola, SnapDeal, Urban Ladder, CarDekho, etc. It goes without saying that he is one of the top business Investors in Mumbai, and in the country as well. Not just money, but entrepreneurs can get so much more from his input, from advice to contacts and connections. 

7. Japan Vyas 

The co-founder and managing director of the very famous and prominent Sixth Sense Ventures, Japan Vyas is the man when it comes to getting investment, especially if you are looking for the right direction for your Startup as well. Vyas has built a repertoire of successful mentoring companies in the SaaS, FoodTech, E-commerce, and Rental space. 

Another bonus is that he is known for his warm personality and carefully giving time to all the proposals he gets. So if you have a Startup in the SaaS or E-commerce space, then he is a viable investor in Mumbai to go for. 

8. Apoorv Ranjan Sharman

A list of top angel investors in Mumbai cannot be complete without the mention of Apoorv Ranjan Sharman. Mr Sharman is one of the top angel investors in Mumbai, having invested in companies such as Beardo, Coutloot, Supr Daily, etc. He is also a board member of TiE, Mumbai. 

And that was all about the list of angel investors in Mumbai. Remember that every major business was once a Startup. All it needs is the right investor. So keep seeking, and keep growing.